Mower County transcript., 1887-01-21

n
n"sotn, hay" hdop,cd, signed, scaled aud &C
kno~ledgeh the fOiI>wiug Articles OF Inc0r-
poratian:
hETI'TLN l.
The panle of the corporation shall b, The
Austin SAvluss BID i4.lIhing asaOrtatiu, and
its prtncipa! place of business shais BE- the
CITY OF Austin III the County OF Mower and
State ef Minnesota.
ACTICLE II.
The esject and general nature Of business
or thls.c0rpOratlOns shall be andsis the accumu-
lation OF funds by monthly contributions Of
its rncinhcrs; tn" leaning Of such funds to
its marnbers na,t 5tockhul'ierS and the taxisg
or security thcrelor upon snch terms and in
such manner Es may Dc prescribed by the BY
La"s: the buying and selling OF real estate
and the taking and giving Of proper instru-
Inents OF conyeyanc" therefor; the taking.
and satlsfyins Of mortgages, and the ma king
Hl auCh Utht" .uVestHcnts a.!i -. t!ti1!g Of
such sther bnauess natu.aiIy po.tnini"k ~
its prtEclp. objects aforesaid, and 7Iici q re-
transscled ~ oinll'cr corporations =. 1i.is
state.
ARTICLE Ill.
This corporation shall, continue for the
term Of thirty (3o years from and after the
seventh (7tb) day OF January, !. =. 1887.
ARTICLE ".
Tho capital stock of this corporation shall
be Fiys Hurr,1'd T'.pnfs,l4 Dnlh.~s - % COL
divided into I'en 1f.n;!sall (lu,fac) shares Of
the Per Ta;n" q F;rty Dolars tsjJt each The
h
y inst l!'""''' : Of TwH.!::-li>t ;?5l cents on
each share. >iit'il 1I5., a a.ta! such rag
ulat:isI Hi!t N"-!2N' t.,t' ,:!rtnn "a SOCK
af;srt t?r tI*-t Ihsrrip' ~. -ns!l he Issued in
Suc>tBs.yN ~.'.it= d lrL t.;nCp i."ri in sllcti
anaount3a> as th- board nr directors may deter
mime, excepting that no stock shan be ttsucd
attor t.s @c>t ntA ..:41}',s5 vi january, y. d.
said coIpolatio may go into operation and
transact business whenever Five Thousand
Dollars [t5!,tHU1 OF said stock shall have been
US jf,fH tat
The directors may retire and cancel. under
rulrs estabi1Shct by. =" by-la w. any un-
pledsta I'd ha sh1Ts, are hvs orfmorv years DID, the
from the Oldest outstanding xeres.
ARTlCLE V.
The highest amount Of indebtedness or lia-
bill1y which this CORPORATION shall at any time
incur: shall be, and is, the sum ut ten thous-
and Lsl0OO] dollars.
ARTICLE VI.
The names ara rl.,os nf ,,.c ',i.t,,a ~ ;he
persons forming 1tllS -sSs,,,.l.1Iu, .vr !rc.:pu-
Iztlnfl are a. tUlNre:
g. W. Shay, Austin, Min nH.ota
&. E.Scheuuc:, Auet!p. Il lultsota
{. r. Goats. Austin, Mianesota.
D. ". Stins0n, Austin, Minnesota.
~. Taylor, Austin. Minnesota.
Z. Il: Davidson: Austin, Minnesota.
=. F.. LCur;s. Austin, Minnesota.
Andrew ku0I, Austin, Minnesota
Lyman Il. Hsirf. Austin, Minnoscta.
v, 4. ticksr!soa, Austin, Minnesota.
:. i. Howell. s,,s:;t,. Nimnosn,a
y. J. i4uf., ~. : III. 4 A!Iuir<)i.
f.. n'"r. Gusi!;i, II :A:Ine>u;,.
l.tav;..le FrrnIh s,,st1n .,,,,.,,.
,7.,.,,., :, w.,
Ai'1 AZ Ii'
lht govern l!cnt ~ 1hG corporation and The
NaanaScmcnt tt It's affairs shall ee rested in
Brsrd of nine lei Directors, each OF whom
,nt ~ .s e.,'' n i"e Ssiue shall oe
,,onth1,t -; ..'I w. ~; M. sne!I les ulal
LI''.l.uIt !oIt iHs 1! 'H ol sscu Scaf. oatd
80 Is': w. - ~, ;t .u|u i...c 'uIse C'dssss
=, ~ ~, ~. , , '' "a. - sass >1l' nolo ounce
, ~ ,,,;- a. 'i., to' ~ eais,
each annual 1D,.,,t;@u Ilerf s}i.I ~ a,,.,.-a.S
taree Directors, T""-e, tern, "1 otfics shaii be
inr"S years OF ut'ii ilslF successors are
@i"ctec an! IuailNH!
ntlt Such Aliu'ti NJ r:.ls II Starch, lSSS.
the aa!A"s u the Erst H. ara II directors
ar:
lrSt tiaSS O. ". Sua".N. Il. Davidson ai.u
T. ii. Goats. SttHi.t class Andrew Knox,
Icon beItc!NatH aHH -. IL. >tlinSon. Tllrc
t!HsA w. +. IlrAA tENIl, j. D. Baird and Gus
INV SEnlcud&r.
W NO snal! serve as Shth ulltll their success
Sots kTp eiccteu ait Qi'a!lirG. as herein pro-
Niea, and ulilli 1h" urat election i'll March,
lStS o. ". Sn " suA!t t,r President, Charles
Il. DsI!dSnn shall bt ,cc-fresidenl, :. l..
t;nTei! Sett''tArS, I. H. Goats, lrs* SUrer. Ia
l"}tite trf'utG, attorney.
ARTICLE NlII
t ,b.r t;rs, uec,;n,, ar.ar,,. .,,,,,>,;r,,o